Corporations Act 2001
CHAPTER 5B
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BODIES CORPORATE REGISTERED AS COMPANIES, AND REGISTRABLE BODIES
PART 5B.2
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REGISTRABLE BODIES
Division 2
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Foreign companies
SECTION 601CD
WHEN A FOREIGN COMPANY MAY CARRY ON BUSINESS IN THIS JURISDICTION
601CD(1)
[
Prohibition]
(a) it is registered under this Division; or
(b) it has applied to be so registered and the application has not been dealt with. 601CD(2) [ Carries on business in this jurisdiction]
(a) offers debentures in this jurisdiction; or
(b) is a guarantor body for debentures offered in this jurisdiction;
A foreign company must not carry on business in this jurisdiction unless:
(a) it is registered under this Division; or
(b) it has applied to be so registered and the application has not been dealt with. 601CD(2) [ Carries on business in this jurisdiction]
For the purposes of this Division, a foreign company carries on business in this jurisdiction if it:
(a) offers debentures in this jurisdiction; or
(b) is a guarantor body for debentures offered in this jurisdiction;
and Part 2L.1 applies to the debentures.
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